Auto Warranty Companies Fight For Your Business

extended car warranty - The world of auto warranty companies is a fiercely competitive one. There are a limited number of cars on the road - granted, there are many them, and all of them, at one point or still, has or experienced a warranty - though with the multitude of companies fighting for the business of these drivers, this means that every car owner will be the target of some very hungry sales reps.

This is definitely a daunting position to stay in for a car owner. Regardless if you are purchasing a new car from a dealership, or buying a second hand car, you will have people trying to sell you their warranty services.

In the dealership, you may run into a pushy sales representative who will try everything they could to get you to sign on for an extended warranty once you make your initial purchase. There are benefits to buying during that time, including obtaining the costs from the warranty rolled up into the financing for the car, and knowing that your dealership will continue being the area to get any repairs or replacements done. However these comforts might end up costing you hundreds or thousands of dollars over time. Sales representatives make huge commissions on warranties, so they're eager to obtain to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will need to pay more up-front with those third-party companies, rather than adding a small number in your monthly car payment bills. However it could very well save a little money.

But as not all car sales person is out to rip you off, not all third-party providers are excellent guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to gain you as a client, so use that to your advantage. Compare costs, take a look at each of the terms of the warranties offered, and tell the businesses you talk to “hey, make me the best offer.” If they can't, someone else will.